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The Canadian parent company of privately held Algoma Steel Inc. has signed a deal to be acquired by a U.S. special-purpose acquisition company.
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The FedDev Ontario funding will go to Invest WindsorEssex (IWE) to support the development of secure, zero-emissions vehicles technologies.
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The distributor of precision robotic and mechatronic solutions will carry a range of six-axis robot arms.
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The company will take on first-in-North America PCB manufacturing, including green laser-cutting/drilling, induction lamination, bonding and direct imaging.
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The new hire takes over from Peter Herweck, who was appointed as CEO of AVEVA.
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Global trends toward reducing carbon footprint and operational costs, as well as the push for high-precision processing tools, led to increasing demand for compact laser systems that can be implemented in processing plants and production lines. Opt Lasers’ 15W and 30W optical power laser heads achieve a significantly low power consumption. Furthermore, many materials absorb 445nm wavelength much more efficiently than other wavelengths, which can decrease power consumption even further and be a literal game-changer.
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Top takeaways from our online event focused on recruiting, retaining and advancing women in the sector.
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